Rebuild credit

Short Term Loan

You may have several reasons to need funding to cover urgent expenses. However, financial institutions often take a long time to give you a loan because they want to make sure you are going to pay it back. Besides, a bad credit score can greatly affect your chances of borrowing money. Fortunately, it is possible to have access to a short-term loan through Deposit My Cash Now.

What is a short term loan service?

A short-term loan is used to cover expenses in emergencies. For example, it could be expenses to avoid a service interruption or to make a payment on time and avoid penalties.

This type of loan can be used to cover unforeseen expenses, but which require immediate assistance. For example, it could be to repair a broken window, an automobile or a broken frame.

Get the money as soon as possible

Short-term personal loan applications are made online, which greatly reduces approval times. You can request a cash advance and receive your money directly into your bank account in less than 24 hours. So you won’t have to wait several days or even weeks as is the case when you borrow from a financial institution.

No credit check

Short-term loan applications are made without a credit check. We rely on criteria other than the credit rating to grant a loan. Among other things, you must work full time and have lived at the same address for at least 6 months and not be in bankruptcy or have a wage garnishment. The goal is not to check your payment history, but rather to learn about your need and your repayment capacity.

How to apply for a short-term loan?

You can make your request online. This only takes a few minutes. You will also have to provide some important documents:
- Photo ID;
- Proof of social insurance number;
- Proof of address;
- Your last two pay stubs;
- A specimen check;
- The last 3 months of your bank statement.

When you have finished completing your application, you will receive your money in less than 24 hours and sometimes even in 1 hour.

How is the repayment made?

Repayment is made with a fixed interest rate of 15% and weekly payments of at least $ 75 per week. If your salary is bimonthly, the minimum payments are $ 150 every two weeks.

You will have the option of paying only the minimum interest charges on your first payday after your loan application. Otherwise, you can pay part of the interest with part of the principal to decrease it. The other option is to pay off your entire loan with interest.

Get a short term loan with Deposit My Cash Now!

Deposit My Cash Now’s mission is to help people make their payments by giving them access to cash quickly when they need it most.

If you need a short term loan, contact us now. We will be happy to answer all of your questions.

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